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Auditor Charged for Failure to Register with PCAOB and Multiple Audit Failures


Auditor Charged for Failure to Register with PCAOB and Multiple Audit Failures
Details
Written by IVN
Washington, DC - The Securities and Exchange Commission Monday announced the institution of administrative proceedings against a Texas-based CPA for allegedly failing to register his firm with the Public Company Accounting Oversight Board (PCAOB) and alleged wholesale failures in auditing and reviewing the financial statements of a public company client.
According to the SEC’s order, the Enforcement Division and the Office of the Chief Accountant (OCA) allege that Christopher Knauth falsely represented to a public company audit client that his firm was registered with the PCAOB.  The Enforcement Division and OCA further allege that Knauth eventually filed an application to register his firm with the PCAOB, but the PCAOB repeatedly informed him over a nine-month period that the application was incomplete.  Despite this, the Enforcemen ....

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SEC Obtains Emergency Asset Freeze, Charges Actor with Operating a $690 Million Ponzi Scheme


SEC Obtains Emergency Asset Freeze, Charges Actor with Operating a $690 Million Ponzi Scheme
Details
Written by IVN
Los Angeles, California - The Securities and Exchange Commission Tuesday announced that it obtained an asset freeze and other emergency relief in an emergency enforcement action against Los Angeles-based actor Zachary Horwitz and his company, 1inMM (one in a million) Capital, LLC in connection with an alleged Ponzi scheme that raised over $690 million. Horwitz and 1inMM allegedly told investors that they were buying film rights, purportedly to resell them to Netflix and HBO; in fact, 1inMM actually had no business relationship with either company. ....

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小星瑞既视感 新一代吉利帝豪内饰图曝光_新车上市_汽车_中金在线
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领克表现亮眼 吉利3月销量超10万辆同比增长约37%
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